Análisis Chartista

Market Data

Name: Deoleo SA
Country: Spain
ISIN: ES0110047919
RIC: OLE.MC
Short term opinion: Limited decline
Short term Evol.:
Mid term opinion: Consolidation
Mid term Evol.:
Last: 0,06
Pivot: 0,06
Supports: 0,04 / 0,04 / 0,04
Resistances: 0,06 / 0,07 / 0,07
31/12/2018 10:35

Deoleo SA ST: the RSI is oversold


Our preference: the downside prevails as long as 0.064 is resistance.

0.064 is our pivot point.

Our preference: the downside prevails as long as 0.064 is resistance.

Alternative scenario: above 0.064, look for 0.07 and 0.073.

Comment: the RSI is trading below 30. This could mean that either the stock is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day MA (respectively at 0.08 and 0.08). Finally, Deoleo SA has penetrated its lower daily Bollinger band (0.06).

Supports and resistances:
0.073 **
0.07 *
0.064 **
0.062
0.056 (EUR-last)
0.046
0.043 **
0.04 *
0.037 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-31-2018 at 10:35 UTC+1
Price reference: 0.06 last known on 12-31-2018 at 10:35 UTC+1
Investment horizon: ST

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Legend:  * = Intermediate level    ** = Strong level    *** = Very strong level
 Name  Short term opinion Short term Evol. Mid term opinion Mid term Evol.
Deoleo SALimited declineConsolidation
Deoleo SALimited riseConsolidation
Deoleo SALimited riseConsolidation
Deoleo SALimited riseConsolidation
Deoleo SALimited riseConsolidation
Deoleo SALimited riseConsolidation
Deoleo SALimited declineConsolidation
Deoleo SALimited declineConsolidation
Deoleo SALimited declineConsolidation
Deoleo SALimited riseConsolidation